VA Approved Multifamily Real Estate in San Diego

Search for Multifamily Real Estate, Duplex, Triplex or Fourplex in San Diego that is VA Approved

Yes you can use your VA Loan to finance a multifamily home to include a duplex, triplex or a fourplex. This is a great way for a veteran or active duty military in San Diego to own a property and have rental income paying down the mortgage at the same time. For instance, on a duplex “2 units on one property”, the owner can live in one and rent out the other.  This situation allows the rental income to assist the owner pay off the loan quickly and can give an alternate source of income. It makes for a great future investment property as well.

Considerations for VA loans for multifamily homes

  • The owner has to ensure that he/she moves into one of the units in not more than 60 days of the purchase.
  • Other financial agencies like FHA and USDA allows loan for the maximum number of 4 units. Any number beyond that would make it a commercial property. However in case of VA, one can take for more than 4 along with other people provided they qualify as an eligible person.
  • In case of 2 veterans buying the property together using their eligibility, the property can have 4 residential units and 1 business unit. It can also have one more additional unit which would be in joint ownership. This makes total units to be 6.

Consideration of rental income

VA loans allow the rental incomes from unoccupied units to be considered as eligibility for loan. The borrower however will have to prove below two points:

  • The borrower is an experienced landlord
  • In case if the units stay un-rented, the borrower should have enough cash reserve with him to pay Principal, interest, insurance and taxes for 6 months. This is to ensure that the borrower does not default in case of non-occupancy of rental units.

If the property you are considering purchasing is already rented out, only 75% of the verified rent is considered as rental income. If the VA loan is applied for a multifamily property the appraiser will need to send a letter to the VA which determines the fair rental value of the property and only 75% of the determined amount can be counted as rental income. 

Loan Limits

VA does not set a cap on how much you can borrow to finance your home. However, there are limits on the amount of liability VA can assume, which usually affects the amount of money an institution will lend you. The loan limits are the amount a qualified Veteran with full entitlement may be able to borrow without making a down payment. These loan limits vary by county, since the value of a house depends in part on its location.

The basic entitlement available to each eligible Veteran is $36,000. Lenders will generally loan up to 4 times a Veteran's available entitlement without a down payment, provided the Veteran is income and credit qualified and the property appraises for the asking price.

VA Approved Duplex Triplex Fourplex in San Diego California

2020 VA Loan Limits for Multifamily Properties: Duplex, Triplex and Fourplex in San Diego County

  • One-Unit Limit $ 701,500
  • Two-Unit Limit $ 898,050
  • Three-Unit Limit $ 1,085,550
  • Four-Unit Limit $ 1,349,050

If you would like to learn more about using your VA Loan to purchase real estate in San Diego then please contact The Lewis Team today.

Questions about using your VA Loan to purchase real estate in San Diego?

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Newest Multifamily Real Estate, Duplex, Triplex or Fourplex in San Diego that is VA Approved

$3,700,000
260022227 MLS ⋅ ACTIVE Status
Ballantyne Condominiums is a newly constructed mixed-use asset ideally located in the heart of downtown El Cajon, within walking distance of Magnolia entertainment venue, popular restaurants, shopping, and local amenities. The property consists of eight residential condominium units and two ground-floor retail/office suites, including: INVESTMENT OVERVIEW Four (4) spacious 2-bedroom, 2.5-bath units Two (2) 1-bedroom plus study, 1.5-bath units Two (2) 1-bedroom, 1.5-bath units Two (2) street-level retail spaces Each residential unit is equipped with in-unit washer and dryer, individual HVAC systems, and secure gated covered parking. The property is currently 100% occupied, with all residential tenants on month-to-month leases, providing a new owner with the flexibility to implement immediate rental increases and maximize income potential. This turnkey investment is strategically positioned to benefit from the continued growth and revitalization of the East County submarket. A unique value-add opportunity exists for a buyer to complete the HOA formation process and pursue the sale of individual condominium units, potentially unlocking significant additional value. As a rare newer-construction asset, Ballantyne Condominiums offers low maintenance requirements, modern amenities, and strong long-term investment fundamentals.

120 Ballantyne, El Cajon
$2,300,000
4 Beds ⋅ 3 Baths ⋅ 260022217 MLS ⋅ ACTIVE Status ⋅ Balboa Park BLDG.
We are pleased to present 3560-64 Front Street, a rare multi-residential investment opportunity located in the heart of Hillcrest, one of San Diego's most sought-after urban infill neighborhoods. Situated on an expansive 6,496 square-foot parcel and zoned RM-3-7, the property offers investors and developers a unique opportunity to acquire a large, well-positioned property in a supply-constrained submarket where development opportunities are increasingly difficult to secure. The existing improvements consist of three fully renovated residences, including a studio, a two-bedroom/one-bath unit, and a two-bedroom/two-bath unit. The residences feature original hardwood flooring, decorative fireplaces, spacious foyers, abundant natural light, remodeled kitchens and bathrooms, upgraded fixtures and finishes, and private outdoor living areas, including a spacious deck and a Juliet balcony accessed through elegant French doors in the primary residence. The property also has a large storage space at the back of the property that could be converted to a legal unit via ADU conversion. Delivering a significant advantage to a new investor, the property has recently received historical clearance, providing greater certainty for future redevelopment planning. Poised to be delivered 100% vacant at the close of escrow, the property also offers immediate control of the site without tenancy challenges. Positioned just minutes from Downtown San Diego, Balboa Park, UC San Diego Medical Center, and the vibrant Hillcrest dining, retail, and entertainment corridor.

3560-64 Front St, Mission Hills
$2,449,000
7 Beds ⋅ 6 Baths ⋅ 260022212 MLS ⋅ ACTIVE Status ⋅ Sfr Plus Adus BLDG.
A rare opportunity to own a three-unit income property in the heart of North Park & University Heights, combining a fully renovated primary Detached Main House with Two Brand-new ADU residences completed in 2026, all situated on a desirable corner lot. The front residence at 4403 Idaho Street is a fully renovated 3-bedroom, 2-bath home featuring a permitted addition, new roof, new A/C, new appliances, contemporary finishes, and a private front yard offering the feel and privacy of a single-family residence. Currently tenant-occupied at $4,000 per month. At the rear of the property is a newly constructed two-story ADU building completed in 2026, consisting of two residences totaling approximately 1,330 SF, each offering 2 bedrooms and 2 bathrooms. With separate addresses at 2810 and 2812 Meade Avenue, separate electric meters, private entrances, and modern finishes, these residences offer excellent flexibility and rental potential. The corner-lot configuration truly sets this property apart. With the rear residences separately accessed from Meade Avenue, they feel more like a distinct residential building than traditional backyard ADUs, providing excellent separation and privacy. A private driveway accommodates up to two vehicles. Offering a total of three residences, 7 bedrooms, and 6 bathrooms in one of San Diego’s most desirable rental markets, this property presents a unique opportunity for investors, owner-users, or multigenerational living.

4403 Idaho St, Normal Heights
$3,490,000
7 Beds ⋅ 4 Baths ⋅ 260022191 MLS ⋅ ACTIVE Status
A newly renovated turn-key coastal Encinitas multifamily asset with recently constructed ADU additions, and strong in-place income in one of Southern California’s most supply-constrained rental markets. Each residence offers abundant natural light, large private enclosed backyards, and mature landscaping that creates a unique residential environment rarely found in multifamily investments of this scale. The property combines modern improvements with a low-density coastal living experience that strongly differentiates it from traditional apartment product throughout Southern California. Introducing 931–937 Regal Road, a rare opportunity to acquire a standout property on a nearly 10,000 SF lot in the highly desirable coastal community of Encinitas. Completed with extensive renovations and recent additional units, construction and improvements finalized from 2020 to 2025, this exceptional investment offers a highly attractive unit mix. Units as follows: 3: 2 bed/1bath original residences and 1: 1 bed/1 bath ADU recently constructed. Plus additional adu. This is the Northerly half of mirror image courtyard development. The adjacent south multi unit mirror image property is also available separately. The property has undergone a comprehensive, transformation featuring newly constructed and fully remodeled original residences. Interior upgrades include modern quartz countertops, renovated kitchens and bathrooms, tile flooring throughout, updated electrical systems, new AC units serving the newly built units, and new roofs.

931-937 Regal Rd, Encinitas
$3,349,000
6 Beds ⋅ 4 Baths ⋅ 260022180 MLS ⋅ ACTIVE Status ⋅ Nk BLDG.
A newly renovated turn-key coastal Encinitas multifamily asset with recently constructed ADU additions, and strong in-place income in one of Southern California’s most supply-constrained rental markets. Each residence offers abundant natural light, large private enclosed backyards, and mature landscaping that creates a unique residential environment rarely found in multifamily investments of this scale. The property combines modern improvements with a low-density coastal living experience that strongly differentiates it from traditional apartment product throughout Southern California. Introducing 921–927 Regal Road, a rare opportunity to acquire a standout property on a nearly 10,000 SF lot in the highly desirable coastal community of Encinitas. Completed with extensive renovations and recent additional units, construction and improvements finalized from 2020 to 2025, this exceptional investment offers a highly attractive unit mix. Units as follows: 2: 2 bed/1bath original residences and 2: 1 bed/1 bath ADU’s recently constructed. Plus additional ADU. This is the Northerly half of mirror image courtyard development. The adjacent south multi unit mirror image property is also available separately. The property has undergone a comprehensive, transformation featuring newly constructed and fully remodeled original residences. Interior upgrades include modern quartz countertops, renovated kitchens and bathrooms, tile flooring throughout, updated electrical systems, new AC units serving the newly built units, and new roofs. Located in one of North County San Diego’s most

921-927 Regal Rd, Encinitas
$1,898,000
3 Beds ⋅ 3 Baths ⋅ ND26196655 MLS ⋅ ACTIVE Status
FIRST TIME ON THE MARKET SINCE 1986 | DEL MONTE COTTAGES | OCEAN BEACH | WALK TO SUNSET CLIFFS | 6,290 SF LOT | Three one-bedroom cottages on quiet Del Monte Ave, South OB. Walking distance to Sunset Cliffs Natural Park and Little Lion, with Newport Avenues arts, nightlife, and beach scene just the other way. One of the last stretches of coastal San Diego where original cottages still sit intact on a large multifamily-zoned lot with alley access, offering incredible development potential within OB's coastal height limits. Boasting an 89 Walk Score, its a walkers paradise from the OB Pier to the tide pools and Dog Beach. Bike to Target, OB Peoples Food Co-op, and the Wednesday Farmers Market. OBs flat street grid connects the boardwalk to Newport Avenues antique shops, murals, and eclectic eateries, plus a lively brewery scene (Sunshine Company Saloon, Kilowatt Brewing, Mike Hess Brewing, Pizza Port) within walking distance. Built in 1937 and held by one family for four decades, the single-story cottages sit front to back, each with its own entrance, private yard, in-unit laundry, and on-site parking. A two-car garage between the front and middle cottages brings total structural square footage to 2,126 SF. At $302/land SF, this property sits roughly 31% below the comparable median, offering a prime value-add opportunity to renovate or maximize cash flow by adding units under the City's favorable multi-family ADU regulations. See Affordability Toolkit | City of San Diego website. FIRST TIME ON THE MARKET SINCE 1986 | DEL MONTE COTTAGES | OCEAN BEACH | WALK TO SUNSET CLIFFS | 6,290 SF LOT | Three one-bedroom cottages on quiet Del Monte Ave, South OB. Walking distance to Sunset Cliffs Natural Park and Little Lion, with Newport Avenues arts, nightlife, and beach scene just the other way. One of the last stretches of coastal San Diego where original cottages still sit intact on a large multifamily-zoned lot with alley access, offering incredible development potential within OB's coastal height limits. Boasting an 89 Walk Score, its a walkers paradise from the OB Pier to the tide pools and Dog Beach. Bike to Target, OB Peoples Food Co-op, and the Wednesday Farmers Market. OBs flat street grid connects the boardwalk to Newport Avenues antique shops, murals, and eclectic eateries, plus a lively brewery scene (Sunshine Company Saloon, Kilowatt Brewing, Mike Hess Brewing, Pizza Port) within walking distance. Built in 1937 and held by one family for four decades, the single-story cottages sit front to back, each with its own entrance, private yard, in-unit laundry, and on-site parking. A two-car garage between the front and middle cottages brings total structural square footage to 2,126 SF. At $302/land SF, this property sits roughly 31% below the comparable median, offering a prime value-add opportunity to renovate or maximize cash flow by adding units under the City's favorable multi-family ADU regulations. See Affordability Toolkit | City of San Diego website.

4918-4920 Del Monte Ave, Ocean Beach (OB)
$1,595,000
8 Beds ⋅ 4 Baths ⋅ 260022174 MLS ⋅ ACTIVE Status ⋅ N/A BLDG.
This rare two-unit multi-family property offers an incredible opportunity for investors or owner-occupants. Each unit features 4 bedrooms and 2 bathrooms, providing spacious living for tenants or potential rental income. Perfectly located right next to San Diego State University, this property enjoys strong rental demand and consistent occupancy. Currently tenant-occupied with long-term leases, it offers immediate cash flow for the savvy investor. Both units boast functional layouts, full kitchens, and comfortable living spaces—ideal for students, faculty, or families. Don’t miss this chance to own a solid income-generating property in a high-demand San Diego location.

6266-68 Stewart St, Talmadge/San Diego Central
$995,000
2 Beds ⋅ 4 Baths ⋅ 260022143 MLS ⋅ ACTIVE Status ⋅ Teralta BLDG.
Rare 4-unit investment opportunity across from Teralta Park offering strong in-place income and long-term upside. Corner lot property featuring two original studio units and two newly constructed ADUs (4208) completed in 2024 with final sign-off—both currently leased. Unit mix includes two studios and two 1-bedroom units (approx. 320–448 sq ft), providing a diversified rental profile. Total current gross income of $6,775/month, including $625/month from a Clear Channel billboard lease. Property includes 4 separate meters for clean utility separation and operational efficiency. One unit has been recently updated, with additional value-add potential in the remaining original units. Commercial zoning offers potential future redevelopment opportunities (buyer to verify with City). Centrally located in a high-demand rental area with convenient access to freeways, public transit, and local amenities. Ideal for investors seeking a blend of stabilized income, new construction, and upside potential. Do not disturb tenants.

4204-4208 40th St, East San Diego
$949,900
3 Beds ⋅ 3 Baths ⋅ 260022142 MLS ⋅ ACTIVE Status
Beautiful well cared for 3-unit property with 3 one car garages and a set of Shovel Ready fully permitted plans for a 2-unit ADU that would go in between the back unit and the garage in the open space shown in the pictures. The plans are for a two-story property with a 1 bedroom 1 bath unit on the 2nd floor (533 Sq. Ft) accessible by an outside staircase, and a 2-bedroom, 2 bath unit on the 1st floor (656 Sq. Ft) Make this property a legal 5 unit and enjoy the extra rents without the hassle and expense (approximately 50,000 savings) of the planning and permitting process that the current seller already completed. Projected market rents are as follows 2,250 for the 1 Br unit and 2,750 for the 2 Br unit. That would add 60,000 to the GSI for a total potential yearly total rent of 128,000. The estimated cost of construction is 350K. SEE SUPPLEMENT!! 3881 and 3883 are both upgraded with new kitchen cabinets, quartz countertops, gas ranges, vinyl plank flooring, new bathrooms w/tile shower surrounds and pedestal sinks, new doors, crown molding and ceiling fans in LR’s and BR’s. All units have newer dual pane vinyl windows and the roofs are newer. 3885 is upgraded to a lesser extent (older kit and bath). All buildings have newer stucco and security screen doors at the front and back of each unit. All leases are month to month. The large 7000 Sq. Ft. lot is level and gated. There are nice shade trees in front and in the middle and there is a building off the alley with 3 one car garages with roll-up garage doors. There is a gate providing access to the lot from the alley and plenty of access to the proposed ADU's that can be built. This is a great income property in its own right, and with its 2-ADU plans, if built, becomes a fantastic investment.

3881-85 Logan Ave, Logan Heights
$1,500,000
5 Beds ⋅ 3 Baths ⋅ PT26177397 MLS ⋅ ACTIVE Status
Incredible investment & multi-unit development opportunity! Situated on a massive 25,700 sqft RM-6000 lot, 1375 Naranca Ave combines instant cash flow with an expansive multi-unit plan. The property currently features two existing dwellings generating $4,800/mo ($3,000 main 3bd/2ba home + $1,800 Jr ADU 2bd/1ba) to easily offset carrying costs. Conceptual plans outline a high-density compound featuring proposed new builds: a 4bd/3ba unit, a 3bd/2ba unit, detached ADU 1, and potential detached ADU 2 garage conversion upside. In total, the multi-unit layouts provide a flexible 5-to-6 unit configuration scaling up to 1415 bedrooms. A rare turnkey development site with exceptional income and scale potential. Incredible investment & multi-unit development opportunity! Situated on a massive 25,700 sqft RM-6000 lot, 1375 Naranca Ave combines instant cash flow with an expansive multi-unit plan. The property currently features two existing dwellings generating $4,800/mo ($3,000 main 3bd/2ba home + $1,800 Jr ADU 2bd/1ba) to easily offset carrying costs. Conceptual plans outline a high-density compound featuring proposed new builds: a 4bd/3ba unit, a 3bd/2ba unit, detached ADU 1, and potential detached ADU 2 garage conversion upside. In total, the multi-unit layouts provide a flexible 5-to-6 unit configuration scaling up to 1415 bedrooms. A rare turnkey development site with exceptional income and scale potential.

1375 Naranca Ave, El Cajon
$940,000
4 Beds ⋅ 3 Baths ⋅ 260021762 MLS ⋅ ACTIVE Status ⋅ Na BLDG.
Situated on a large 0.4-acre lot, this unique property features two detached residences with strong in-place income. The main residence is an oversized approximately 1,500 SF 3BR/2BA, complemented by a spacious detached 1BR/1BA with garage. With $77,100 in actual GSI, two garages, ample lot area, and two separate homes, the property is well positioned for an investor seeking solid current income or an owner-user looking for flexibility and additional rental income.

3860-62 American Ave, La Mesa
$1,799,000
15 Beds ⋅ 10 Baths ⋅ 260022112 MLS ⋅ ACTIVE Status
Pleased to present 4073 Chamoune Avenue, a well-maintained 5-unit multifamily investment opportunity located in San Diego’s established City Heights neighborhood. Built in 1988, the property consists of five 3-bedroom, 2-bathroom units, totaling 15 bedrooms and 10 bathrooms. The property offers seven enclosed garage parking spaces plus one additional uncovered space, providing a strong parking ratio for the asset. Additional features include alley access, electronic security gates, and an onsite laundry facility.

4073 Chamoune Ave, East San Diego
$999,000
8 Beds ⋅ 4 Baths ⋅ 260022096 MLS ⋅ ACTIVE Status ⋅ 3732-38 Wilson Ave BLDG.
Rare opportunity to acquire a great four-unit multifamily property in Cherokee Point, offering significant value add potential! Situated on an approximately 7,900 SF parcel, the property features an existing four-unit configuration with room to remodel and/or develop. One unit is currently tenant-occupied, while the remaining three vacant units are offer opportunity to renovate. This is an opportunity for a investor, developer or 1031 exchange buyer to reposition an existing multifamily asset and explore potential future development and ADU opportunities. Convenient location with access to surrounding neighborhoods, freeways and amenities. Bike or walk to some of both North Park and Normal Heights famous coffee shops and restaurants!

3732-38 Wilson, North Park
$1,575,000
3 Beds ⋅ 2 Baths ⋅ 260022086 MLS ⋅ ACTIVE Status ⋅ Morley Field BLDG.
Opportunity knocks in one of North Park’s most desirable pockets near Morley Field! 3578–80 Louisiana Street offers two detached residences combining classic Craftsman character with flexible living and income potential. The charming front 2BD/1BA Craftsman showcases beautiful period-style millwork and architectural details, including substantial moldings, box-beam detailing, paneled wainscoting, hardwood floors, and abundant natural light. The spacious, light-filled kitchen features plentiful cabinetry, generous counter space, a breakfast bar, and easy access to the outdoor patio/deck. With a strong history as a successful Airbnb, the front residence offers both character and proven rental appeal. The rear 1BD/1BA residence is ideal for extended family, guests, additional rental income, or a live-in-one, rent-the-other lifestyle. A fence separates the residences, providing privacy and separation between the homes. Both residences feature in-unit laundry, along with driveway parking and inviting outdoor space. Just blocks from Morley Field and Balboa Park and close to North Park’s restaurants, coffee shops, shopping, and neighborhood favorites. Two separate homes, wonderful architectural character, and multiple possibilities in a location that’s hard to beat.

3578-80 Louisiana, North Park
$1,375,000
4 Beds ⋅ 3 Baths ⋅ 260022058 MLS ⋅ ACTIVE Status ⋅ North Park BLDG.
3143–47 30th Street is a three-unit property in a prime North Park location, featuring a 2bd/1ba rear house and two (2) 1bd/1ba front units on a 6,369 SF lot with three parking spaces and strong in place rental income. The units total 1,886 SF and are located just a short walk to Balboa Park, San Diego Zoo, Morley Field, restaurants, coffee shops, breweries and much more. With upgrades to the roof, plumbing, electrical, windows, and in unit laundry for 2/3 units, the property offers low-maintenance operations while still presenting rental upside via light upgrades. This is a perfect fit for both investors and owner-users looking to own a strong performing asset in one of San Diego's most desirable areas.

3143 30th St, North Park
$1,195,000
3 Beds ⋅ 2 Baths ⋅ 260022055 MLS ⋅ ACTIVE Status ⋅ Private BLDG.
Rare 2 on 1 Opportunity in the Heart of North Park, a Classic 1920's Craftsman Bungalow, 2 Bed 1 Bath, Gumwood Trim, Build-ins, Picture Railing, Coved & Inset Ceilings, Fireplace in the Living Room, Refinished Original Hardwood Floors, Perfect for an Owner Occupant. The Second Home offers a Flexible 1 Bed 1 Bath Layout, Perfect for Rental Income, a Home Office or Extended Family Living, All Situated on a 50x123 LOT with Alley Access. A Short Stroll to Morley Field/Balboa Park and the Vibrant Shops and Restaurants Located on the 30th Street/University Ave Corridor, Now is your Chance to Make Something Special in One of San Diego's Most Beloved Neighborhoods.

3430 31st St. (-26), North Park
$1,499,000
3 Beds ⋅ 2 Baths ⋅ 260022053 MLS ⋅ ACTIVE Status
Just one-half block from the beach and directly across from Ocean Beach Dog Beach, 5157-59 Muir Avenue presents a rare opportunity to own a versatile coastal duplex in one of San Diego’s most iconic neighborhoods. Whether you're seeking a strong rental asset, an owner-occupied property with income from the second unit, or a future development opportunity, this property offers multiple paths to maximize its value. Positioned on an RM-2-4 zoned lot, the property offers the potential to build up and capture sweeping Pacific Ocean views, creating the opportunity for an exceptional ocean-view coastal retreat. The existing two-unit configuration provides immediate flexibility and long-term upside for the savvy buyer. The front 1 bedroom, 1 bath cottage is currently operating as a sought-after vacation rental and features a modern kitchen, quartz countertops, stainless appliances, mini-split AC, built-in bedroom storage, and approximately 375 SF of additional front patio space for entertaining, dining al fresco, or an outdoor garden. The rear 2 bedroom, 1 bath residence features an updated kitchen, spacious backyard, and a private view deck with approximately 250 SF outdoor entertaining space and beautiful ocean views. Adding even more value are 2 dedicated parking spaces directly in front of the property, and laundry, a rare convenience in Ocean Beach. From the sand and surf to Newport Avenue’s eclectic shops, restaurants and bars, Voltaire Street, and the beloved Ocean Beach farmers market, the location puts the best of the neighborhood right outside your door.

5157-59 Muir Ave, Ocean Beach (OB)
$7,700,000
27 Beds ⋅ 19 Baths ⋅ 260022050 MLS ⋅ ACTIVE Status
**18 Units - Prime Coastal San Diego Location - Ocean Beach** Value-Add Opportunity, 21% Upside in Rental Income • Strong Unit Mix: 50% 2Bdrm Units, 50% 1Bdrm Units • Extremely Well Maintained, Low Maintenance Asset • Fully Gated Community w/ Secure Access • Large Common Area Courtyard & Onsite Laundry • Ample Onsite Parking (18) Spaces • Excellent Walkability to Shops, Dining and Nightlife (WalkScore of 81) • Convenient Access to Newport Ave, Ocean Beach Pier

4649 Voltaire St, Ocean Beach (OB)
$835,000
3 Beds ⋅ 3 Baths ⋅ PTP2606829 MLS ⋅ ACTIVE Status
Fully remodeled two-unit property in Fairmont Village offering an exceptional opportunity for owner-occupants, investors, or multi-generational living. Featuring a beautifully updated 2-bedroom, 2-bath main residence and a spacious ADU Studio with 1 bath secondary residence. This turnkey property provides the flexibility to live in one home while generating rental income from the other or maximize cash flow as a fully leased investment or multi-generational living opportunities. Both residences have been thoughtfully renovated with modern finishes, new and updated kitchens and bathrooms, new flooring, new lighting, functional floor plans, and their own laundry hookups - allowing each home to operate independently while providing comfort and convenience. A generous driveway provides convenient off-street parking for multiple vehicles, adding valuable functionality for residents, tenants and guests. Located in the desirable Fairmont Village neighborhood, this move-in-ready property combines modern updates with exceptional versatility and long-term income potential. Whether you're looking to offset your mortgage, expand your investment portfolio, or create a comfortable multi-generational living arrangement, 4779 Castle Ave presents a rare opportunity to own a beautifully renovated two-unit property in San Diego. Fully remodeled two-unit property in Fairmont Village offering an exceptional opportunity for owner-occupants, investors, or multi-generational living. Featuring a beautifully updated 2-bedroom, 2-bath main residence and a spacious ADU Studio with 1 bath secondary residence. This turnkey property provides the flexibility to live in one home while generating rental income from the other or maximize cash flow as a fully leased investment or multi-generational living opportunities. Both residences have been thoughtfully renovated with modern finishes, new and updated kitchens and bathrooms, new flooring, new lighting, functional floor plans, and their own laundry hookups - allowing each home to operate independently while providing comfort and convenience. A generous driveway provides convenient off-street parking for multiple vehicles, adding valuable functionality for residents, tenants and guests. Located in the desirable Fairmont Village neighborhood, this move-in-ready property combines modern updates with exceptional versatility and long-term income potential. Whether you're looking to offset your mortgage, expand your investment portfolio, or create a comfortable multi-generational living arrangement, 4779 Castle Ave presents a rare opportunity to own a beautifully renovated two-unit property in San Diego.

4779 Castle Ave, East San Diego
$875,000
4 Beds ⋅ 3 Baths ⋅ 260022020 MLS ⋅ ACTIVE Status
Excellent 3-unit investment opportunity in centrally located City Heights! This property offers convenient access to an array of neighborhood amenities, with Teralta Park and Copley-Price Family YMCA nearby. Enjoy easy access to neighborhood markets, restaurants, and shopping. Close to University Avenue and El Cajon Boulevard, with convenient access to I-15, I-805 and CA-94. A well-positioned property in a vibrant neighborhood! Has 2 car garage in 2nd building and parking off street. Total square footage, according to permit records is a generous 2,222 square feet! Also has a 2 car garage.

4080-4078 Orange Ave, East San Diego
$2,495,000
12 Beds ⋅ 10 Baths ⋅ PTP2606822 MLS ⋅ ACTIVE Status
Rare opportunity to acquire TWO adjacent SFR + ADU properties, built in 2024 and offered together as a four-unit investment package. Each property is situated on its own separate parcel with an individual APN and features an approximately 2,500 SF 5-bedroom, 4-bath main residence plus an approximately 450 SF 1-bedroom, 1-bath ADU with a separate address. All four residences feature newer construction, modern finishes and in-unit laundry. Current scheduled gross income is approximately $13,900 per month with potential rental upside. The two-parcel configuration provides exceptional long-term flexibility. An investor can retain the entire four-unit portfolio while preserving the advantages of owning two separately parceled SFR + ADU properties. A unique opportunity combining newer construction, four rental income streams, strong current income and future flexibility. Each property also features an OWNED, PAID-OFF SOLAR SYSTEM with no solar lease or loan to assume. APN 579-364-23-00: 1236 Buena Vista Ave (main residence) & 1238 Buena Vista Ave (ADU). APN 579-364-22-00: 1304 Buena Vista Ave (main residence) & 1302 Buena Vista Ave (ADU). Both parcels are being offered together as one package. Rare opportunity to acquire TWO adjacent SFR + ADU properties, built in 2024 and offered together as a four-unit investment package. Each property is situated on its own separate parcel with an individual APN and features an approximately 2,500 SF 5-bedroom, 4-bath main residence plus an approximately 450 SF 1-bedroom, 1-bath ADU with a separate address. All four residences feature newer construction, modern finishes and in-unit laundry. Current scheduled gross income is approximately $13,900 per month with potential rental upside. The two-parcel configuration provides exceptional long-term flexibility. An investor can retain the entire four-unit portfolio while preserving the advantages of owning two separately parceled SFR + ADU properties. A unique opportunity combining newer construction, four rental income streams, strong current income and future flexibility. Each property also features an OWNED, PAID-OFF SOLAR SYSTEM with no solar lease or loan to assume. APN 579-364-23-00: 1236 Buena Vista Ave (main residence) & 1238 Buena Vista Ave (ADU). APN 579-364-22-00: 1304 Buena Vista Ave (main residence) & 1302 Buena Vista Ave (ADU). Both parcels are being offered together as one package.

1304 Buena Vista Ave, Spring Valley
$1,299,999
7 Beds ⋅ 5 Baths ⋅ PTP2606807 MLS ⋅ ACTIVE Status
Opportunities like this almost never hit the market! Welcome to 353357 Palm Avenue, an extraordinary three-residence property delivering unmatched versatility and incredible income potential in the heart of Chula Vista. Situated on an expansive lot, this turnkey compound features a beautifully remodeled 3-bedroom, 2-bathroom main home, a brand-new 3-bedroom, 2-bathroom ADU, and an additional new 1-bedroom, 1-bathroom JADU. For an impressive total of 7 bedrooms and 5 bathrooms! Every residence showcases stylish modern finishes, including luxury vinyl plank flooring, crisp white shaker cabinetry, elegant quartz countertops, and central air conditioning. Live in one and rent the others, build your investment portfolio, or create the ultimate flexible living arrangement. The possibilities are endless. Complete with spacious outdoor areas, mountain views, a detached garage, and convenient access to I-5 and I-805. Best of all, there is no HOA and no Mello-Roos! Three residences, one incredible property, and a truly rare chance to secure serious long-term value. This is the opportunity buyers have been waiting for! Opportunities like this almost never hit the market! Welcome to 353357 Palm Avenue, an extraordinary three-residence property delivering unmatched versatility and incredible income potential in the heart of Chula Vista. Situated on an expansive lot, this turnkey compound features a beautifully remodeled 3-bedroom, 2-bathroom main home, a brand-new 3-bedroom, 2-bathroom ADU, and an additional new 1-bedroom, 1-bathroom JADU. For an impressive total of 7 bedrooms and 5 bathrooms! Every residence showcases stylish modern finishes, including luxury vinyl plank flooring, crisp white shaker cabinetry, elegant quartz countertops, and central air conditioning. Live in one and rent the others, build your investment portfolio, or create the ultimate flexible living arrangement. The possibilities are endless. Complete with spacious outdoor areas, mountain views, a detached garage, and convenient access to I-5 and I-805. Best of all, there is no HOA and no Mello-Roos! Three residences, one incredible property, and a truly rare chance to secure serious long-term value. This is the opportunity buyers have been waiting for!

353-357 Palm Ave, Chula Vista
$1,299,999
5 Beds ⋅ 4 Baths ⋅ PTP2606808 MLS ⋅ ACTIVE Status
This is not your average new construction. This is an extraordinary opportunity to own three residences in one incredible property! Welcome to 1835 Rios Avenue, a brand-new, thoughtfully designed three-unit property offering approximately 2,557 square feet of modern living space and remarkable income potential. The spacious main residence features 3 bedrooms and 2.5 bathrooms, accompanied by two attached 1-bedroom, 1-bathroom units. Creating endless possibilities to live, rent, invest, or do all three! Every residence is beautifully finished with crisp white shaker cabinetry, elegant quartz countertops, durable luxury vinyl plank flooring, double-pane windows, and energy-efficient central air conditioning. Enjoy mountain views, front and rear outdoor spaces, driveway parking, and quick access to both I-5 and I-805. With no HOA and no Mello-Roos, this property delivers the space, flexibility, and long-term potential buyers dream about. Three residences. One phenomenal opportunity. The possibilities are truly unmatched! This is not your average new construction. This is an extraordinary opportunity to own three residences in one incredible property! Welcome to 1835 Rios Avenue, a brand-new, thoughtfully designed three-unit property offering approximately 2,557 square feet of modern living space and remarkable income potential. The spacious main residence features 3 bedrooms and 2.5 bathrooms, accompanied by two attached 1-bedroom, 1-bathroom units. Creating endless possibilities to live, rent, invest, or do all three! Every residence is beautifully finished with crisp white shaker cabinetry, elegant quartz countertops, durable luxury vinyl plank flooring, double-pane windows, and energy-efficient central air conditioning. Enjoy mountain views, front and rear outdoor spaces, driveway parking, and quick access to both I-5 and I-805. With no HOA and no Mello-Roos, this property delivers the space, flexibility, and long-term potential buyers dream about. Three residences. One phenomenal opportunity. The possibilities are truly unmatched!

1835 Rios Ave, Chula Vista
$899,999
4 Beds ⋅ 3 Baths ⋅ PTP2606806 MLS ⋅ ACTIVE Status
Here is the one buyers and investors have been waiting for! Welcome to 1839 Rios Avenue. An exceptional two-residence property offering incredible versatility, modern upgrades, and exciting future potential. The completely remodeled single-story main home features 3 bedrooms and 2 bathrooms, while the newly built detached structure includes an impressive 2-car garage with a private 1-bedroom, 1-bathroom ADU above. Both residences offer their own laundry areas, stylish vinyl flooring, air conditioning, and thoughtfully designed living spaces. Situated on an expansive approximately 8,380-square-foot lot, the property also boasts a huge driveway, abundant off-street parking, low-maintenance grounds, mountain views, and convenient access to I-5 and I-805. Even more exciting, the detached garage may offer the potential for conversion into a third unit, subject to city approval and buyer verification. Live in one and rent the other, create additional income, or expand the propertys possibilities. With no HOA and no Mello-Roos, this is more than a home. It is a rare opportunity with enormous potential! Here is the one buyers and investors have been waiting for! Welcome to 1839 Rios Avenue. An exceptional two-residence property offering incredible versatility, modern upgrades, and exciting future potential. The completely remodeled single-story main home features 3 bedrooms and 2 bathrooms, while the newly built detached structure includes an impressive 2-car garage with a private 1-bedroom, 1-bathroom ADU above. Both residences offer their own laundry areas, stylish vinyl flooring, air conditioning, and thoughtfully designed living spaces. Situated on an expansive approximately 8,380-square-foot lot, the property also boasts a huge driveway, abundant off-street parking, low-maintenance grounds, mountain views, and convenient access to I-5 and I-805. Even more exciting, the detached garage may offer the potential for conversion into a third unit, subject to city approval and buyer verification. Live in one and rent the other, create additional income, or expand the propertys possibilities. With no HOA and no Mello-Roos, this is more than a home. It is a rare opportunity with enormous potential!

1839 Rios Ave, Chula Vista
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